Active

5220 Cherry Street

Panama City, FL 32404

$285,000 $1,201/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

0.42

Acre(Lot)

Description

Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate. Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home. Inside, the remo del is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet. On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy. Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle. Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area! This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property.

Property Details

Property Type : Residential

Price : $285,000

AD Id : 79065403

MLS Id : 790214

Beds : 3

Lot Size : 0.42 Acre

Year Built : 1959

County : Bay

Subdivision: No Named Subdivision

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 7

Roofing Information

Metal
Interior Features

Roof: Metal

Appliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans

Building Information

Year Built: 1959

Building Area Total: 1400

Construction Materials: Block

Stories: 1

Patio And Porch Features: Patio

Pool Features: Other, SeeRemarks

Private Pool: No
Exterior Features

Exterior Features: Patio

Lot Information

Lot Dimensions: 130x140 Main Square Feet: 0.42 Lot Size Acres: 0.42 Lot Size Square Feet: 18,200 Lot Description: Paved

Property Information

Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Property SubType: Single Family Residence Levels: One Property Age: 67

Listing Price Information

Listing Price: $285000

Tax Information

Parcel Number: 24966-000-000 Tax Legal Desc: 13 4S 14W -78-119A1 LOT 7 BLK 2 WM. L. WILSON PLAT AS PER ORB 25 P 373 DESC; AS BEG 1165' E & 25' S OF NW COR OF NE1/4 TH E 130' S 140' W 130' N 140' TO BEG ORB 4609 P 1646

Virtual Tour

Virtual Tour (External Link)

Parking Information

DriveThrough

School Information

Elementary School: Parker Junior High School: Rutherford Middle Senior High School: Rutherford
Utility Information

ElectricityAvailable
Location Information

Direction: From Tyndall Parkway Walmart travel South on Tyndall Parkway. Turn right onto Cherry St. Property is on the left on the corner of Seneca and Cherry.

Sell a home like this and save $16,601 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3600 Basal St, Panama City, FL, 32404	$303,790	3	2	--
TBD Plantation Drive, Panama City, FL, 32404	$699,000	--	--	--
9410 Pembrook Place, Panama City, FL, 32404	$278,500	3	2	--
9027 Crook Hollow Road, Panama City, FL, 32404	$523,000	3	3	--
9121 Crook Hollow Road, Panama City, FL, 32404	$259,900	3	2	--
10742 S Fork Loop, Panama City, FL, 32404	$194,900	3	2	--
13322 Airway Street, Panama City, FL, 32404	$578,124	3	3	--
13119 Airway Street, Panama City, FL, 32404	$799,000	4	3	--
1806 Highway 2297, Panama City, FL, 32404	$279,900	3	2	--
1849 Mallard Drive, Panama City, FL, 32404	$195,000	3	2	--

Similar Homes To 5220 Cherry Street

Nearby For Sale

Active

$399,900

Home For Sale

104 Oleander Circle,
Panama City, FL, 32413

Bed

Bath

1,582

Sqft

$310,000

Home For Sale

4773 Firefly Lane,
Panama City, FL, 32404

Bed

Bath

Sqft

8336 Landshark Boulevard,
Panama City, FL, 32413

Bed

Bath

Sqft

Sqft(Lot)

8570 Island Breeze Avenue,
Panama City, FL, 32413

Bed

Bath

Sqft

3522 High Cliff Road,
Panama City, FL, 32409

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/09/2026 @ 23:18

MLS: 790214 LISTED BY: Jessica Albritton, Beachy Beach Real Estate 850-532-6262 SOURCE: CPAR